BitGo will provide custody and trading infrastructure to support StableX’s $100 million stablecoin-focused digital asset treasury. The partnership aims to strengthen security and market access as StableX scales its stablecoin strategy.
SoFi has tapped BitGo to support the launch of SoFiUSD, a US dollar–pegged stablecoin issued by the bank, as US fintechs and banks expand digital dollar infrastructure under new federal legislation.
BitGo Europe has launched its Crypto-as-a-Service platform across 30 EEA countries, offering MiCAR-regulated digital asset infrastructure to banks and fintechs. The rollout mirrors BitGo’s U.S. offering while adapting to European regulatory requirements and enabling product launches via API integration.
XDC Network has partnered with BitGo to provide regulated custody for XDC tokens and USDC, aiming to accelerate institutional adoption on its enterprise-focused blockchain. The move brings a major third-party custodian into XDC's compliance-oriented ecosystem.
Changpeng Zhao’s YZi Labs confirmed it participated as a strategic investor in BitGo’s IPO as the digital asset custodian debuted strongly on the NYSE, the firm said in an official announcement.
BitGo Holdings set its IPO price at $18 per share, topping the previously marketed range, Bloomberg reported. The pricing suggests stronger-than-expected demand for crypto custody infrastructure from investors.
BitGo has relocated its headquarters from Palo Alto to South Dakota as it prepares for an IPO aimed at a $2 billion valuation. The shift reflects a strategic move into a more business- and tax-friendly jurisdiction while the custody firm positions for public markets.
Figure announced the OPEN Network and said it will list the first native blockchain equity, with support from custody provider BitGo and trading firm Jump Trading.
BitGo disclosed in a regulatory filing that it plans to raise up to $201 million in a U.S. initial public offering. The move marks a notable step for the crypto custody firm toward public markets.
Fold has secured nationwide U.S. consumer access to bitcoin under a single federally supervised trust structure, enabled by a partnership that leverages BitGo Bank & Trust’s new OCC charter. The move streamlines oversight and could simplify compliance across states.